401 Main Street, Childs, PA 18407 (MLS# SC-2345)

401 Main Street, Childs, PA 18407

$265,000
Property Type: Residential Income Bedrooms: 6 Baths: 4 Lot Size (sq. ft.): 6,098 Status: Closed
Current Price: $265,000 List Date: 5/04/2024 Last Modified: 9/11/2024

Description

Calling All Investors!!!!!This 3 Unit huge, extra-ordinary Multifamily is an investor's dream come true with this property providing an investor with gross Income expected each month!! Accessible location and within walking distance to shopping and dining. Minutes from stores, this property is close to grocery stores, restaurants, hospital, bus stops, coffee shops, Sheets is located 2 minutes from this property. This ready to go Multifamily property boasts 3 totally remolded and freshly painted beautiful apartments with hardwood and laminate floors throughout. You will have the advantage of living in one of the units and rent the others. Let your tenants pay your mortgage and build your equity. Previously, the side of the building was a beauty shop and was converted into a newly and modernly-renovated apartment. Extremely low property taxes. Tenants pay their own utilities and you collect rent-checks. Excellent cap-rate! . Have the space for yourself and/or tenant! Features a very large over-sized 4 car garage with excessive overhead storage space.

More Information MLS# SC-2345

Contract Information

Current Price: $265,000 Sold Price: $265,000 Status: Closed Listing Contract Date: 2024-05-04 Property Sub Type: Multi Family Listing Agreement: Exclusive Right To Sell Owner Name: First Triangle LLC

Location Tax and Legal

Street Number: 401 Street Name: Main Street Suffix: Street State: PA Postal Code: 18407 County: Lackawanna

General Property Information

Number Of Units Total: 3 Bedrooms Total: 6 Bathrooms Total: 4 Bathrooms Full: 3 Bathrooms Half: 1 Above Grade Finished Area: 3400 Living Area: 3400 Enhanced Accessible: No Year Built: 1952 Year Built Source: Other New Construction YN: No Garage YN: Yes Garage Spaces: 4 Lot Size Acres: 0.14 Lot Size Dimensions: 50X132X50X125 Waterfront YN: No Basement YN: Yes Furnished: Unfurnished Stories: 2 Units Furnished: None Auction YN: No List Price/SqFt: 95.59 Sold Price/SqFt: 77.94

Remarks and Miscellaneous

Public Remarks: Calling All Investors!!!!!This 3 Unit huge, extra-ordinary Multifamily is an investor's dream come true with this property providing an investor with gross Income expected each month!! Accessible location and within walking distance to shopping and dining. Minutes from stores, this property is close to grocery stores, restaurants, hospital, bus stops, coffee shops, Sheets is located 2 minutes from this property. This ready to go Multifamily property boasts 3 totally remolded and freshly painted beautiful apartments with hardwood and laminate floors throughout. You will have the advantage of living in one of the units and rent the others. Let your tenants pay your mortgage and build your equity. Previously, the side of the building was a beauty shop and was converted into a newly and modernly-renovated apartment. Extremely low property taxes. Tenants pay their own utilities and you collect rent-checks. Excellent cap-rate! . Have the space for yourself and/or tenant! Features a very large over-sized 4 car garage with excessive overhead storage space.

Status Change Information

Major Change Timestamp: 2024-08-19T23:05:44Z Major Change Type: Status Change Price Change Timestamp: 2024-05-21T16:57:29Z Status Change Timestamp: 2024-08-19 Purchase Contract Date: 2024-06-07 Close Date: 2024-08-19 Close Price: 265000 Concessions: No Buyer Financing: Conventional

Unit 1

Unit #: 1 SqFt Total: 1200 Baths Total: 1 Beds Total: 2 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Unit 2

Unit #: 2 SqFt Total: 800 Baths Total: 1 Beds Total: 1 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: No

Unit 3

Unit #: 3 SqFt Total: 1400 Baths Total: 2 Beds Total: 3 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: No

Property Features

Appliances: Electric Range Architectural Style: Multiple Buildings Basement: Unfinished Common Walls: No Common Walls Construction Materials: Vinyl Siding Cooling: None Current Financing: None Door Features: Storm Door(s) Electric: 200+ Amp Service Exterior Features: Private Entrance; Private Yard Fireplace Features: None Flooring: Hardwood; Laminate; Tile Foundation Details: Block Heating: Baseboard Laundry Features: In Bathroom; In Kitchen; In Unit Listing Terms: Cash; Conventional Lot Features: Corner Lot Other Structures: Garage(s) Owner Pays: Insurance; Taxes Parking Features: Garage; On Street; Parking Pad Property Condition: Updated/Remodeled Showing Requirements: Lockbox; Show Notice Required; Text Listing Agent
Listing Office: ERA One Source Realty
Last Updated: September - 11 - 2024
Information deemed reliable but not guaranteed.